NEW YORK ( TheStreet) -- Petroquest Energy (NYSE: PQ) hit a new 52-week low Monday as it is currently trading at $5.34, below its previous 52-week low of $5.35 with 505,877 shares traded as of 10:10 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Petroquest Energy has a market cap of $367.4 million and is part of the basic materials sector and energy industry. Shares are down 27% year to date as of the close of trading on Friday. PetroQuest Energy, Inc. operates as an independent oil and gas company. It engages in the acquisition, exploration, development, and operation of oil and gas properties in Oklahoma, Arkansas, and Texas, as well as onshore and in the shallow waters offshore the Gulf Coast Basin. The company has a P/E ratio of 64.7, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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